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1 0 . A stock is expected to pay a dividend of $ 1 . 0 0 at the end of the year ( i
A stock is expected to pay a dividend of $ at the end of the year ie D $ and it should continue to grow at a constant rate of a year. If its required return is what is the stock's expected price years from today? Do not round intermediate calculations. Round your answer to the nearest cent.
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